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Elberton Retail Investment Opportunity
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125 Elbert St, Elberton, GA 30635

NNN leased retail property with long-term tenant and annual rent increases.

Property Size2,876 SF
Price / SF$237.60
Days on Market1103

Property Features for 125 Elbert St

General Information

Standard status Active
Size 2,876 SF
Property subtype Retail

Building Details

Year Built 1977
Listing Agency: Colliers - Rosemont, Illinois
Listed By: Peter Block · License #471002226
Source: Crexi
Added: Jul 24, 2023 Changed: Jul 6 Last Checked: Jul 29 at 3:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Rosemont, Illinois

Investment Insights

Based on property information with market context.

Located in Elberton, Georgia, 125 Elbert Street is a 2,876 square foot retail property situated on the main retail thoroughfare at the corner of Elbert Street and College Avenue, surrounded by national tenants. The property is offered for sale as an investment opportunity with an absolute NNN lease in place. The lease has approximately 14.2 years remaining, expiring on August 15, 2037, and features annual rent increases of 2% with a corporate guarantee. The property generates a net operating income (NOI) of $46,125. The surrounding area within a 5-mile radius has a population of over 10,549 people and an average household income of $66,050.

Key Highlights

  • Absolute NNN lease with 14.2 years remaining (expires 8/15/2037).
  • Located on the main retail drag at the corner of Elbert Street and College Ave, surrounded by national tenants.
  • CAP rate of 6.75% with an offering price of $683,333.

Property Analytics

Current Use

TMX Finance Loan Service Clifford's Restaurant Restaurant TitleMax Title Pawns Loan Service

Suggested Use

Top Pick Real Estate Agency HVAC Service Dental Office Garden Center Storage Facility Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby
146k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Shops & Services 25% Groceries 22% Home Improvements & Furnishings 10%
Ingles Groceries
26,407 visits/mo 0.3 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
13,150 visits/mo 0.4 miles
Marathon Shops & Services
12,629 visits/mo 0.4 miles
Wendy's Dining
10,930 visits/mo 0.4 miles
Dollar Tree Shops & Services
10,349 visits/mo 0.1 miles

Demographics for 30635, GA

15,365
Population
7,422
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
86%
High-School Grad
280.6 sq mi
ZIP Area
55
Density / Sq Mi
$45,368
Median Household Income
$38,339
Median Earnings
$866
Median Rent
$117,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - NNN leased retail property with long-term tenant and annual rent increases.
Where is this nnn property located?
The property is located at 125 Elbert St Elberton, GA.
What is the asking price?
The asking price for this property is $683,333.
What are key features of this property?
This property features: Absolute NNN lease with 14.2 years remaining (expires 8/15/2037).; Located on the main retail drag at the corner of Elbert Street and College Ave, surrounded by national tenants.; CAP rate of 6.75% with an offering price of $683,333.
(847) 384-2840 Call to check price and availability
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